LD 1970
pg. 10
Page 9 of 17 An Act to Address the Solvency of the Unemployment Compensation Fund Page 11 of 17
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LR 3037
Item 1

 
100.0005.00.30.38750.4750

 
205.0110.00.35.43125.5125

 
310.0115.00.40.47500.5500

 
415.0120.00.45.51875.5875

 
520.0125.00.50.56250.6250

 
625.0130.00.55.60625.6625

 
730.0135.00.60.65000.7000

 
835.0140.00.65.69375.7375

 
940.0145.00.70.73750.7750

 
1045.0150.00.75.78125.8125

 
1150.0155.00.80.82500.8500

 
1255.0160.00.90.91250.9250

 
1360.0165.001.001.000001.0000

 
1465.0170.001.101.087501.0750

 
1570.0175.001.251.218751.1875

 
1675.0180.001.401.350001.3000

 
1780.0185.001.601.525001.4500

 
1885.0190.001.901.787501.6750

 
1990.0195.002.202.050001.9000

 
2095.01100.002.602.400002.2000

 
(3)__The commissioner shall compute a reserve multiple
to determine the schedule and planned yield in effect
for a rate year.__The reserve multiple is determined by
dividing the fund reserve ratio by the average benefit
cost rate.__The determination date is October 31st of
each calendar year.__The schedule and planned yield
that apply for the 12-month period commencing every
January 1st are shown on the line of the following
table that corresponds with the applicable reserve
multiple in column A, except that a planned yield of
1.21% must be in effect for the 12-month periods
commencing January 1, 2000, January 1, 2001, January 1,
2002, January 1, 2003 and January 1, 2004.

 
A B C

 
ReserveSchedulePlanned

 
MultipleYield

 
1.50 and OverA0.8%

 
1.25 - 1.49B1.0%

 
1.00 - 1.24C1.2%

 
.75 -__.99D1.4%

 
.50 -__.74E1.6%

 
Under .50F1.8%

 
(4)__The commissioner shall compute the predetermined
yield by multiplying the ratio of total wages to
taxable wages for the preceding calendar year by the
planned yield.


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